56 Noble
Kutztown Borough, PA 19530-1743

$1,350,000

MLS ID: 414615
Fantastic renovation of historic factory building into student housing with charm and character. Owner currently rents to 34 students but permit allows 37. Additional income available from laundromat that owner stopped operating in 2010. Building also has warehouse space available for owner's use or rental income. This is a great investment property with limited work. High demand student rental in prime area with short walk to campus and in town amenities and shopping. On lot parking enhances building and convenience.
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Property Details
MLS ID: 414615
Style: Converted
Year Built: 1881
Bedrooms: 29
Bathrooms: 8   (Full: 7   3/4: 0   1/2: 1   Other: 0)
Status: Active
Stories: 3
Parking Type Description: Surface / Paved 10 cars
New Construction: No
Foreclosure: No
Sq. Footage
Total Square Footage: 11,326 ($119.19 per sq. foot)
Lot Information
Lot Size: 76x150
Financial Considerations
Estimated Annual Taxes: $9,538
Locale
County: Berks
Subdivision: Not in Development
Photo Tour
Features
Area
Kutztown
Construction
Brick
Cooling
No Air
Features
Central Laundry
Other
Electric - 4637 Gross Income - 165963
Net Income - 117275 Operating Expense - 10112
Use Code - 4126 Water/Sewer - 4798
Zoning Code - C-1
Parking
Paved Lot
Property Category
Converted Detached
Mixed Use
Sewer
Public
Special Sale Conditions
Not Applicable
Water
Public
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Prudential Regency Real Estate
811 North 19th Street
Allentown, PA 18104
Main: 610-432-5252
Fax: 610-432-0985
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Property Information Last Updated: 5/23/2012 at 5:12 AM.

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